PM Modi plans state aid package of Rs 210 billion rupee to boost India’s solar industry Updated On Tue, Oct 18th, 2016 by Saurenergy The Prime Minister of India, Narendra Modi’s is planning a 210 billion-rupee ($3.1 billion) package of state aid for India’s solar panel manufacturing industry, according to two officials. The so-called Prayas initiative, short for “Pradhan Mantri Yojana for Augmenting Solar Manufacturing,” a central-government plan designed to lift India’s installed photovoltaic capacity as well as to […] Read more
India’s solar modules and cells export worth $41 million was up 116 percent in April-July 2016 Updated On Sat, Oct 15th, 2016 by Saurenergy Global clean energy communications and research firm, Mercom Capital both exports and imports of solar modules and cells have increased dramatically year on year. The research firm in its latest report revealed that India exported solar modules and cells worth $41 million (Rs.2.74 billion) from April to July 2016, which was up 116 percent from […] Read more
Kerala targets to add 600 MW of solar in next three years Updated On Sat, Oct 15th, 2016 by Saurenergy In an attempt to meet rising energy demand of the state, Kerala aims to get a huge boost as it plans to install another 600 MW of new solar over the next three years. As Kerala looks to satisfy its renewable purchase obligations, the decision to install 600 MW solar plants is a welcome for […] Read more
International Solar Alliance to get ratified at forthcoming COP22 Updated On Fri, Oct 14th, 2016 by Saurenergy The International Solar Alliance (ISA) announced at the climate conference in Paris (COP21), will be ratified at the forthcoming COP22 in Marrakech in November. The ISA ‘s objective is to bring together solar rich countries on a common platform to make joint efforts through innovative policies, projects, programmes, capacity building measures and financial instruments to […] Read more
Thrissur Corporation’s 200kW solar plant to be operative by October 15 Updated On Wed, Oct 12th, 2016 by Saurenergy Thrissur Corporation will be inaugurating its 200kW solar plant on October 15, and is expected to start working on similar projects to meet the increasing demand of electricity through renewable sources in different parts of the state. The newly installed solar plant b Thrissur Corporation at Jaihind Market has a capacity to generate 200 kilowatt […] Read more
Total corporate funding in the solar sector in Q3 2016 was $3 billion: Mercom Capital Group Updated On Wed, Oct 12th, 2016 by Saurenergy Mercom Capital Group has released a report on funding and merger and acquisition (M&A) activity for the solar sector in the third quarter of 2016. According to the global clean energy communications and consulting firm total corporate funding, including venture capital and private equity (VC) funding, public market and debt financing into the solar sector in Q3 2016 was up […] Read more
Gamesa India intends to manufacture 1500V solar inverters Updated On Fri, Oct 7th, 2016 by Saurenergy Country’s major wind turbine company, Gamesa India is ensuring to make its presence felt in Solar by manufacturing inverters at its new blade plant at Nellore, Andhra Pradesh. Ramesh Kymal, company’s Chairman and Managing Director said that the inverters that will be produced at Gamesa India’s facility are the ‘1500V inverters’, for which there is […] Read more
Renewable energy is a key to Energy Security in the future: Piyush Goyal Updated On Fri, Oct 7th, 2016 by Saurenergy Power, Coal, New & Renewable Energy and Mines, Minister Piyush Goyal at ‘Energy Conclave, 2016 – Securing India’s Green Future’ noted that India has its own developmental imperatives in the near future, hence it cannot shun the use of fossil fuels completely from its energy basket. He said it is important to strike a balance […] Read more
ABB to install solar based micro grid at Vadodara facility Updated On Wed, Oct 5th, 2016 by Saurenergy ABB has announced that it will install a fully integrated and standardized micro-grid at its Vadodara facility in Gujarat, India to help boost renewable energy generation while reducing dependency on fossil fuel. This micro-grid, with a rooftop photo voltaic field at the company’s biggest manufacturing location in India with around 3,000 employees, will help ensure […] Read more
